Apr 22, 2024

BioTek Ag acquired by Custom Agronomics

Custom Agronomics has acquired BioTek Ag to expand its focus on nutrient use efficiency products.

BioTek Ag is a North Carolina-based agricultural company with more than three decades of experience helping farmers improve and protect crop yields. It manufactures and provides specialized nutrients, nitrogen stabilizers and other products that improve soil biology and enhance the effectiveness of crop inputs.“BioTek Ag is a trusted provider of private-label solutions that help farmers become more sustainable and profitable,” Greg Thompson, chairman of the Custom Agronomics board of directors and senior operating partner at Inverness Graham, said in the news release. “This acquisition immediately enhances our portfolio of nutrient use efficiency products, expands our footprint, and strengthens our overall team.”

BioTek Ag will become part of Custom Agronomics.

“Custom Agronomics is an ideal partner for BioTek’s next chapter of growth,” BioTek Ag founders Jim Wendling and Kim Tart said in the release. “We share a commitment to delivering exceptional products and service through private label offerings and believe there is a strong cultural fit between the two organizations. The capabilities of the combined platform will allow us to better serve customers who are focused on increasing production and maximizing their return on investment.”

Financial terms of the deal were not disclosed.